When short term trading for a living it is imperative that you keep on top of the strongest and weakest sectors. Your objective is to be involved in the most recent order flow. A traders job is to identify accumulation or distribution by institutions and then trade the ensuing short term momentum. When you get good [...]
Archive for May, 2008
6 May
day trading: keeping busy
The market since Jan 08 has not exactly been on fire. The majority of my friends that trade stocks for a living have all said the same thing, “gotta grind it out right now.” Ok so that being the case what should a new trader be doing while the market is in a funk? Of [...]
Recent Comments